What’s a Co-op?
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Cooperatively Owned by More Than 3,100 People in Rochester
A co-op is a business that you can actually take part in through a democratic system. Since it is cooperatively owned, you have a say in how the business is run and the decisions it takes. Abundance Food Co-op is owned by more than 3,100 people in Rochester. And that’s what makes us different from a conventional business. Our primary goal is to serve the interests of our owners as a profitable business. There are many different kinds of co-ops. Abundance is a retail co-op, which means we are owned by our shoppers.
The Co+op Difference
Can you imagine going into any other grocery store and being able to buy a share at the register, and literally becoming an owner of it? Most grocery stores are owned by a single person, or a group of investors, and it’s up to them to make decisions about what direction the store takes. Co-op shareholders take part in discussions, elect candidates to the Board of Directors, and vote on other issues. Purchasing a share in Abundance makes you one of the more than 3,100 people in Rochester who own the grocery store.